The conglomerate has said year-over-year comparisons are hard as the company has recorded both gains and losses from sales of several businesses as part of its GE Capital exit plan, acquired Alstom and recognized pension costs and restructuring charges. CLS Investments LLC increased its position in Whirlpool Corp.by 123,700.0% in the first quarter. On a per-share basis, the Morris Plains, New Jersey-based company said it had profit of $1.66.
Advertisement
Whirlpool Corporation (NYSE:WHR) reached at $182.72 price level during last trade its distance from 20 days simple moving average is 7.06%, and its distance from 50 days simple moving average is 5.98% while it has a distance of 14.17% from the 200 days simple moving average. The stock is now trading up its SMA 50 of $105.07.
During the most recent trading day, the stock’s price shifted up +42.42% from its 52-week low and -1.82% lower from its 52-week high. The stock has a market capitalization of $14.22B and it has 75.97M outstanding shares.
The stock of Whirlpool Corporation (NYSE:WHR) registered a decrease of 6.77% in short interest. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $3.35 per share.
The white goods maker’s net sales were $5.2 billion for the second quarter, which was flat with the previous year quarter. Whirlpool Corp.’s quarterly revenue was down.2% compared to the same quarter a year ago. General Electric Company (NYSE:GE) quarterly performance is 5.99% while its price to sale ratio is 2.54 and price to book ratio is 3.32. The most expectant earnings per share estimate of the stock is set at $15.67 while the conservative estimates kept at $14.3 over the current year.
A number of research analysts have recently weighed in on WHR shares.
Advertisement
Whirlpool Corporation opened for trading at $178.83 and hit $186 on the upside on Wednesday, eventually ending the session at $183.67, with a gain of 2.41% or 4.32 points. Royal Bank Of Canada increased their price target on Whirlpool Corp. from $169.00 to $209.00 in a research report on Tuesday, April 12th. Whirlpool Corp. presently has an average rating of “Buy” and an average target price of $199.13. The stock was sold at an average price of $175.00, for a total transaction of $744,975.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
